Economic Growth Target At 4.5%–5%.

At the opening of the National People’s Congress (NPC) in Beijing today, Premier Li Qiang delivered the annual Government Work Report, outlining the country's economic roadmap for the year. Beijing is aiming for a GDP growth rate of 4.5% to 5%, a slightly more conservative goal than previous years, reflecting a focus on "high-quality development" over raw speed. The report emphasizes stabilizing the property sector and addressing local government debt while boosting domestic consumption to counter global market volatility.

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